For a while now, experts have said that gold and silver prices may experience significant corrections before moving higher. But it seems as though the precious metals did not get the memo. Both precious metals have hit historic highs in the past couple of trading days. On Friday, silver prices crossed the $100 per ounce
Chinese miner Zijin Gold said on Monday it will buy Canadian Allied Gold in a cash deal worth about C$5.5 billion, a major acquisition for the firm as it looks to expand its footprint globally as gold prices hit all-time highs. The transaction is valued at C$44 per share, which indicates a premium of approximately 5.4% to
In a year where gold prices have shattered records, surging to $5,000 per ounce amid global economic turbulence, Bitget’s tokenised gold trading volume has exploded by 4,900%, pushing the exchange past $1 billion in tokenised stock spot volume. As retail and institutional investors flock to digital versions of this timeless hedge, Gracy Chen, Chief Executive
Gold prices breached $5,000 per ounce for the first time on Monday, and subsequently moved above $5,100 as well. Meanwhile, there is no stopping silver’s rally as prices surged past $100 per ounce and hit a record high of $112.330 per ounce. On the other hand, oil prices dipped on Monday after strong gains in
Markets opened the week with nerves on edge as Nvidia doubled down on CoreWeave in a $2 billion vote for AI infrastructure, even as sceptics questioned whether chipmakers’ funding customers signals late-cycle froth. Risk sentiment also turned defensive as gold blasted through $5,100 and silver hit fresh records on tariff threats and geopolitical strain. In
Geopolitical risk has sent gold soaring past $5,000 an ounce on investor uncertainty, even as energy markets remain firmly tied to tangible supply-demand constraints, according to a new Rystad Energy update. “The message for commodity markets heading into the week is clear. Geopolitical rhetoric remains loud, but pricing continues to respond primarily to tangible constraints
Oil prices jumped on Tuesday as a massive storm hit crude production and operations at refineries in the US Gulf Coast. Meanwhile, gold prices fell, but remained near their recent record highs above the $5,100 per ounce level. Silver prices on COMEX also fell sharply after hitting a record high of $113.438 per ounce earlier
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies swinging on US dollar weakness, and corporate uncertainty resurfacing at Amazon after a prematurely sent internal email fueled layoff fears. Asian markets mixed as Wall Street hits record Asia-Pacific markets traded mixed,
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Microsoft is set to report its fiscal second-quarter 2026 earnings on January 28, after market close, with investors closely watching whether strong cloud growth can offset rising costs tied to artificial intelligence investments. According to analyst expectations compiled by StockStory, Microsoft is expected to post revenue of $80.32 billion for the quarter, representing year-on-year growth